Determining the degrees of freedom

Reference no: EM131008185

Lobster industry 2008, price diagnosed. In Chapter 18, Exercise 35 (Lobster industry 2008), we constructed the fol- lowing regression model to predict the Price of lobster har- vested in Maine's lobster fishing industry.

Dependent variable is: Price/lb

R-squared = 94.4% R-squared (adjusted) = 94.1% s = 0.2462 with 53 - 4 = 49 degrees of freedom

Variable Coeff SE(Coeff) t-ratio P-value

Intercept 0.845123 0.3557 2.38 0.0215

Reference no: EM131008185

Questions Cloud

Describe different residential construction systems : The assignment is on the topic Plastics. Kindly be very careful about plagiarism and referencing - Describe different residential construction systems and Sketch typical construction details free hand or preferably via an elementary CAD package.

Problem regarding the degrees of freedom : What is the expected number of customers applying for each type of card in this sample if the historical proportions are still true? Compute the x2 statistic. How many degrees of freedom does the x2 statistic have?

Explain in simple language what signi?cantly higher : A friend thinks that "signi?cantly" in this article has its plain English meaning, roughly "I think this is important." Explain in simple language what "signi?cantly higher" and "not signi?cantly different from zero" actually tell us here.

Seasonal effect on human births : If there is no seasonal effect on human births, we would expect equal numbers of children to be born in each season (winter, spring, summer and fall).

Determining the degrees of freedom : Lobster industry 2008, price diagnosed. In Chapter 18, Exercise 35 (Lobster industry 2008), we constructed the fol- lowing regression model to predict the Price of lobster har- vested in Maine's lobster fishing industry.

Advantages of different ways of reporting approval percent : One of the questions asked whether the respondents had a favorable or an unfavorable opinion of 17 news personalities. Diane Sawyer received the highest rating, with 80% of the respondents giving her a favorable rating.39, What is the population f..

Interpretation of the coefficient : What is the interpretation of the coefficient of the constructed variable December? What additional assumption is required to include the variable December in this model? Is there reason to believe that it is satisfied?

Determining the pizza ratings : a) Why is there no coefficient for Medium? b) Explain how the coefficients of Small, Large, and Very Large account for the size of the city in this model.

What do you think the big ideas in mathematics are : What do you think the big ideas in mathematics are, And what might they be for young children and how is mathematics usually represented by, and to, people?

User Account

All Pages